Navigating the complexities of distressed commercial real estate assets can be challenging for Licensed Insolvency Trustees (LITs) in Manitoba. Successfully managing and selling these properties requires a specialized approach that accounts for insolvency legislation, market dynamics, and legal and ethical responsibilities. With a strategic plan in place, LITs can maximize value for creditors and stakeholders while enhancing their reputation in the industry.
To help LITs in Manitoba effectively handle the sale of distressed commercial real estate assets, we have developed a guide that outlines a step-by-step approach tailored to their needs. This guide covers essential aspects such as assessing the property, conducting due diligence, preparing marketing materials, facilitating buyer due diligence, negotiating the sale and structuring the deal, and managing the closing and transition process.
Don’t miss this opportunity to enhance your knowledge and skills in managing distressed commercial real estate assets. Click here to download our free e-book: Maximizing Value in Distressed Commercial Real Estate: A Guide to Manitoba’s Insolvency Trustees.